TerraZero Technologies

TerraZero Technologies

TerraZero Technologies Inc. aim to scale new economies and enhance immersive experiences to shape the future of decentralization.

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DateInvestorsAmountRound
-investor investor

€0.0

round
investor

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round
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$20.0m

Acquisition
Total Funding000k
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TerraZero Technologies Inc. operates as a vertically integrated metaverse development group and Web3 technology firm, founded in Vancouver, Canada, in 2021. The company was established by Dan Reitzik, a cryptocurrency and blockchain entrepreneur who previously founded and led DMG Blockchain Solutions Inc. Reitzik's background in blockchain analytics informed his vision for the metaverse as the next iteration of the internet, leading to the creation of TerraZero. In February 2022, the company secured a significant strategic investment of $7.72 million from BIGG Digital Assets Inc., which later acquired TerraZero in August 2023 for $20 million.

The firm specializes in creating immersive digital experiences for enterprise clients across various sectors. Its business model is structured around five key divisions: immersive experience creation, advertising, data analytics, events and marketing, and the development of its proprietary Intraverse platform. TerraZero generates revenue by building and operating virtual assets, providing its private metaverse solutions to brands, and offering a range of services that bridge the physical and virtual worlds. The company works with the innovation teams of large-cap companies globally, helping them establish a presence in the metaverse.

TerraZero's core offering is the Intraverse, a proprietary technology stack that allows brands to create their own private, white-labeled metaverse experiences accessible via mobile and desktop. This platform is designed to provide greater security, IP and data protection, and includes features like KYC (Know Your Customer) and in-scene credit card payments, positioning it as a next-generation e-commerce solution, or "V-Commerce". The company has developed projects for notable clients such as Jimmy John's, for which it created the 'Metasandwich' experience in Decentraland, and has worked with artists like 22Gz to produce virtual music video experiences. TerraZero also offers Intraverse PRO, a subscription-based platform tailored for musicians and artists to engage with their fans in customized virtual environments. The company has also expanded its focus to include the online iGaming sector, developing virtual front-end experiences for gaming companies.

Keywords: metaverse development, Web3 technology, immersive experiences, virtual real estate, blockchain platform, digital advertising, data analytics, virtual events, Intraverse, V-Commerce, enterprise metaverse solutions, 3D environments, digital assets, brand engagement, virtual worlds, gamified experiences, creator economy, social virtual platform, iGaming solutions, metaverse-as-a-service

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